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GT Capital posts record high core earnings in 2023
GT Capital Holdings Inc., the listed conglomerate of the Ty Group finished 2023 with all-time high core earnings, buoyed by record-setting financial results from core businesses......»»
ADB approves USD 100 mln loan to support small and medium-sized enterprises in Sri Lanka
Manila [Philippines], March 19 (ANI): The Asian Development Bank (ADB) has approved a USD 100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. SMEs play a critical role in Sri Lanka's economy, contributing 52 per cent to the country's gross domestic product and employ 45 per c.....»»
Manulife, Kiva partner for small businesses
The Philippines is expected to benefit from a $1-million (P57 million) financing boost for microentrepreneurs from insurance firm Manulife Financial Corp......»»
2GO ready for holiday load
2GO, the Philippines’ largest transportation and logistics solutions provider and part of SM Investments Corporation, has strategically prepared major hubs outside Metro Manila to meet the rising holiday season demand for cargo and delivery movements. This strategic endeavor aligns with 2GO’s dedication to advancing local business and catalyzing industries while optimizing operational efficiency and service excellence for its clients. “As the country’s largest logistics service provider, we embrace the philosophy of readiness regardless of season. Anticipating the increase in logistics movement during this joyous time of year, we consistently invest in supply chain preparedness by establishing a foothold in our hubs and maintaining a capable workforce. We prioritize customer satisfaction and continue to deliver on our commitments to our customers and partners, ensuring success regardless of the season,” said Frederic C. DyBuncio, president and CEO of 2GO. 2GO is dedicated to fortifying its network of strategic hubs across key cities in Luzon, Visayas and Mindanao. The company’s logistical product portfolio was made to serve a purpose to a diverse client base. In addition to the service portfolio is the LCL shipside services, a tailored service representing an expedited Less than Container-Load offering. This pioneering solution is operational in its Manila, Cebu, Iloilo, Zamboanga and Cagayan de Oro hubs. LCL services continue to be offered in 2GO’s network of 17 vital ports of call, which serve as pivotal gateways for both dry goods and temperature-controlled cargo. Its clientele includes top domestic and international FMCGs, manufacturers, distributors, industrials and agricultural businesses, covering a wide range of industries across the nation. With LCL, 2GO extends logistics support to MSMEs and entrepreneurs, ensuring that businesses of all sizes benefit from our comprehensive solutions. 2GO visited Clark and Subic in Central Luzon, Cebu City in Central Visayas and Cagayan de Oro in Northern Mindanao, to strengthen main trade hubs across the country that serve as central points for consolidating and distributing goods. Building its presence in these strategic locations allows 2GO to move deliveries faster for industries, businesses and for personal deliveries. Faye Alonzo, business unit head for Express and Forwarding, shares that “2GO has embarked on a proactive initiative to collaborate with key stakeholders in important logistical regions across the Philippines. Reinforcing our presence in major gateways not only provides us with efficient forwarding and cargo services but helps our partners and clients increase market reach, find more opportunities, and bridge logistical requirements.” 2GO’s comprehensive logistics services include transport via cargo forwarding via air, land and sea to key strategic hubs nationwide to ensure efficient service coverage. Actively serving over 33,000 barangays, 2GO offers logistics solutions to a wide range of businesses and communities throughout the country. The post 2GO ready for holiday load appeared first on Daily Tribune......»»
Shopee helps MSMEs reach foreign markets
Bringing more customers to Filipino micro, small and medium enterprises, or MSMEs, is a goal of Shopee Philippines in launching the #TatakPinoy International project, The project is a groundbreaking initiative in empowering sellers to expand their business and connect with Malaysian and Singaporean buyers, strengthening the global presence of Filipino brands. In a statement, Shopee Philippines head Vincent Lee said the project will also empower Filipino entrepreneurs and artisans to showcase their talents and products to an international audience, promoting Philippine culture, craftsmanship, and ingenuity globally. Shopee’s free program will be available first to Shopee’s markets in Singapore and Malaysia, according to Lee. He said #TatakPinoy International represents a significant stride towards Shopee’s mission of empowering Filipino businesses in the digital era by giving them opportunities to grow, develop, and reach a wider audience. This can be seen in Shopee’s efforts through their various services and features, such as Shopee Live, Shopee Affiliates and Shopee University, which offer sellers an avenue to learn how to start their e-commerce business, upscale their brand, and form tight-knit communities with KOLs and buyers simultaneously. “Shopee’s core mission has consistently been to support the growth and success of Filipino entrepreneurs. This underlines our unwavering dedication to fostering local economic growth and forging sustainable opportunities for our community of local MSMEs. We will remain committed to harnessing the transformative potential of technology to facilitate long-term growth for our Filipino sellers,” Lee explained. Leveling up experience The project will soon be open to all Shopee sellers, promising a shopping experience with seamless cross-border logistics support. Lee said #TatakPinoy International is like its present system, yet with a broader reach, as it will help Filipino sellers connect with overseas buyers, which Shopee and its third-party logistics partners will process to fulfill the order successfully. Further, he said Shopee sellers and brands can maintain their local selling experience but can now reach a wider buyer pool and higher order volume to expand their consumer base to Shopee users in other markets. “Shopee’s new prgram is a significant development for the Philippine e-commerce market and aligns with the Philippines’ broader economic goals. It is expected to benefit local sellers and enhance cultural exchange and collaboration across Southeast Asia,” according to Lee. The post Shopee helps MSMEs reach foreign markets appeared first on Daily Tribune......»»
Vivant bullish on solar PV as viable RE source
Cebu-based Vivant Energy Corp., through its retail company COREnergy Inc., is banking on the potential of solar photovoltaic ventures to expand its renewable energy portfolio. Vivant Energy president and COO Emil Andre M. Garcia said in a press statement on Friday that there is a “particularly strong interest” in solar PV, a technology that can be a viable source of renewable energy in the country. “Interest in renewable energy sources has been increasing as more and more industries look for ways to future-proof their businesses. This is another step towards our goal to expand our RE portfolio by 30 percent by 2030,” Garcia said. RE development ventures announced This week, Vivant Energy announced two renewable energy development ventures — a 20-year power supply agreement with Samal Solar Renewable Energy Corp. or SSREC and a tripartite deal with Aboitiz Renewables, Inc. and Vena Energy to develop, build, and operate a 200-megawatt or MW wind project in the Visayas. According to Garcia, these developments will translate to better retail electricity services and solar and energy engineering solutions that will benefit consumers and business owners. COREnergy is a retail company that offers total energy solutions to commercial and industrial establishments. For this year, the company targets to add 18 MW of solar rooftop generation capacity. Last year, it contributed to the renewable energy target of the entire Vivant Group by growing its rooftop solar business from 2 MW to 6 MW. The post Vivant bullish on solar PV as viable RE source appeared first on Daily Tribune......»»
Vivant bullish on solar PV as viable renewable energy source
Cebu-based Vivant Energy Corp., through its retail company COREnergy Inc., is banking on the potential of solar photovoltaic ventures to expand its renewable energy portfolio. Vivant Energy President and COO Emil Andre M. Garcia said in a press statement on Friday that there is a "particularly strong interest" in solar PV, a technology that can be a viable source of renewable energy in the country. “Interest in renewable energy sources has been increasing as more and more industries look for ways to future-proof their businesses. This is another step towards our goal to expand our RE portfolio by 30 percent by 2030," Garcia said. This week, Vivant Energy announced two renewable energy development ventures — a 20-year power supply agreement with Samal Solar Renewable Energy Corp. or SSREC and a tripartite deal with Aboitiz Renewables, Inc. and Vena Energy to develop, build and operate a 200-megawatt or MW wind project in the Visayas. According to Garcia, these developments will translate to better retail electricity services and solar and energy engineering solutions that will benefit consumers and business owners. COREnergy is a retail company that offers total energy solutions to commercial and industrial establishments. For this year, the company targets to add 18MW of solar rooftop generation capacity. Last year, it contributed to the renewable energy target of the entire Vivant Group by growing its rooftop solar business from 2 MW to 6 MW. The post Vivant bullish on solar PV as viable renewable energy source appeared first on Daily Tribune......»»
Marcos inks jobs act
President Ferdinand R. Marcos Jr. signed into law Republic Act 11962, or the Trabaho Para sa Bayan Act on Wednesday, a landmark measure addressing the challenges plaguing the Philippine labor sector and laying the foundation for sustainable and inclusive development. In a ceremonial signing held at Malacañang, Marcos thanked the Senate and the House of Representatives for the timely passage of the bill, one of his administration’s priority legislative measures. “The Trabaho Para sa Bayan Act is a significant milestone towards our country’s sustainable and inclusive development,” Marcos said. “It will help us solve the various challenges plaguing our labor sector such as low-quality jobs, skills mismatch, and underemployment, among others,” he added. The law also addresses the need to update the skills of Filipino workers and promote the use of digital technologies, particularly for micro, small and medium enterprises. The Trabaho Para sa Bayan Act will establish the Trabaho Para sa Bayan Interagency Council, which will craft a master plan for employment generation and recovery. The council will be chaired by the Director General of the National Economic and Development Authority, or NEDA, and co-chaired by the secretaries of the Department of Trade and Industry and the Department of Labor and Employment, with representatives from other agencies and various sectors. All government agencies, including local government units, were enjoined to cooperate and coordinate with the council to ensure the effective integration of the plan into their policies and programs. Marcos directed the council and all government agencies concerned to fast-track the issuance of the law’s implementing rules and regulations so that workers and stakeholders could immediately benefit from it. He also urged the DoLE and NEDA to harmonize the Labor and Employment Plan 2023-2028 and the Trabaho Para sa Bayan Plan to ensure that all government efforts and resources will be effectively and efficiently managed. Marcos said the government will continue to provide support and other incentives to businesses, especially MSMEs, such as increased access to financing and capital to promote self-reliance and spur employment generation. Under the law, the government will also incentivize employers, industry stakeholders, and private partners to facilitate skills development, technology transfer, and knowledge sharing among businesses and workers. “With this concerted effort, I am confident that we will not only achieve the goals of this law, but we will also realize our vision of Bagong Pilipinas,” Marcos said. The President added that the government knows Filipinos desire decent, stable and dignified jobs. “With the passage of this law, we are opening a new chapter in our country where there will be sufficient and high-quality employment opportunities for everyone,” he said. He called on everyone to join the government in ensuring the law’s success and shaping a prosperous and new Philippines. In a separate statement, NEDA Secretary Arsenio M. Balisacan welcomed the passage of the Trabaho Para sa Bayan Act. “We support the Trabaho Para sa Bayan Act as it contributes to the Philippine Development Plan 2023-2028, which aims to increase employability, expand access to employment opportunities, and achieve shared labor market governance,” Balisacan said. “With the passage of the TPB, this will facilitate stronger coordination and partnership among relevant agencies and stakeholders for the efficient implementation of employment programs,” he added. The TPB Plan shall serve as the State’s master plan for employment generation and recovery, aiming to achieve short-term goals and a long-term vision of a “Matatag, Maginhawa, at Panatag na Buhay Para sa Bawat Pilipino.” The latest figures from the Philippine Statistics Authority showed 2.27 million unemployed Filipinos in July of this year. This resulted in a 4.8-percent unemployment rate in July, higher than the 4.5 percent in June. Meanwhile, Senate Majority Leader Joel Villanueva lauded President Marcos for signing the Trabaho Para sa Bayan bill. “I am thankful to President Marcos for his trust and support to me to lead the legislation of this important measure, which is the key to addressing various challenges and creating jobs in the country,” Villanueva said in a statement. The new law, which Villanueva principally sponsored and authored, aims to institutionalize a National Employment Master Plan to promote jobs-led economic growth and enhanced industry collaboration, provide overall services for worker development, and push for support and incentives to businesses. Under the law, the government shall establish a national employment generation and recovery master plan with a three-, six-, and 10-year development timeline. The post Marcos inks jobs act appeared first on Daily Tribune......»»
PBBM signs Trabaho Para sa Bayan Act to create more jobs, boost economic growth
President Ferdinand Marcos Jr. signed into law the Trabaho Para sa Bayan Act on Wednesday, a measure that aims to address the various challenges plaguing the Philippine labor sector. In a ceremonial signing held at the Malacañang Palace, Marcos Jr. thanked both the Senate and the House of Representatives for the timely passage of the bill, one of his administration's priority legislative measures. "The Trabaho Para sa Bayan Act is a significant milestone towards the sustainable and inclusive development of our country," Marcos Jr. said. "It will help us solve the various challenges plaguing our labor sector such as low-quality jobs, skills mismatch, and underemployment among others," he added. The law also addresses the need to update the skills of Filipino workers and promote the use of digital technologies, particularly for micro, small, and medium enterprises (MSMEs). Crucially, the Trabaho Para sa Bayan Act will establish the Trabaho Para sa Bayan Interagency Council, which will craft a master plan for employment generation and recovery. The council will be chaired by the Director General of the National Economic and Development Authority (NEDA) and co-chaired by the Secretaries of the Department of Trade and Industry (DTI) and the Department of Labor and Employment (DOLE), with representatives from other agencies and from various sectors. All government agencies, including local government units (LGUs), are enjoined to cooperate and coordinate with the council to ensure the effective integration of the plan into their policies and programs. Marcos Jr. directed the council and all concerned government agencies to fast-track the issuance of the implementing rules and regulations (IRR) of the law so that workers and stakeholders can immediately benefit from it. He also enjoined the DOLE and NEDA to harmonize the Labor and Employment Plan 2023-2028 and the Trabaho Para sa Bayan Plan to ensure that all government efforts and resources will be effectively and efficiently managed. Marcos Jr. said that the government will continue to provide support and other incentives To businesses, especially MSMEs such as increased access to financing and capital to promote self-reliance and spur employment generation. Under the law, the government will also incentivize employers, industry stakeholders, and private partners who will facilitate skills development, technology transfer, and knowledge sharing amongst businesses and workers. "With this concerted effort, I am confident that we will not only achieve the goals of this law but we will also realize our vision of Bagong Pilipinas," Marcos Jr. said. Marcos Jr. added that the government knows that Filipinos desire to have decent, stable, and dignified jobs. "With the passage of this law, we are opening a new chapter in our country where there will be sufficient and high-quality employment opportunities for everyone," he said. Marcos Jr. called on everyone to join the government in ensuring the success of the law and in shaping a prosperous and new Philippines. In a separate statement, NEDA Secretary Arsenio M. Balisacan welcomed the passage of the Trabaho Para sa Bayan Act. "We support the Trabaho Para sa Bayan Act as it contributes to the Philippine Development Plan 2023-2028, which aims to increase employability, expand access to employment opportunities, and achieve shared labor market governance," Balisacan said. "With the passage of the TPB, this will facilitate stronger coordination and partnership among relevant agencies and stakeholders for the efficient implementation of employment programs," Balisacan added. The TPB Plan shall serve as the State's master plan for employment generation and recovery, aiming to achieve short-term goals and a long-term vision of a "matatag, maginhawa, at panatag na buhay para sa bawat Pilipino". The post PBBM signs Trabaho Para sa Bayan Act to create more jobs, boost economic growth appeared first on Daily Tribune......»»
Private firms urged: Hire senior citizens
National Commission of Senior Citizens chairperson Atty. Franklin Quijano on Thursday is urging private companies to hire senior citizens as he welcomed the proposal made by ACT-CIS Partylist Representative Erwin Tulfo which will benefit senior citizens. In a statement, Quijano said that the lawmaker’s proposal would be a great way for senior citizens to transfer their skills, experiences and wisdom to the next generation. “We’re looking at more than just employment,” Quijano said. “We’re looking at how senior citizens can contribute to the country and help the next generation.” Quijano also said that the government should be flexible regarding working hours for senior citizens, as some may only want to work for a certain number of hours based on their preferences. “Flexibility is essential. Some food chains, like McDonald’s and KFC, offer 4-hour shifts, and senior citizens are happy with that arrangement. In fact, they tend to be more focused and committed to their work,” Quijano said. He also stressed that the government should recognize the experience of senior citizens and compensate them accordingly. “I hope that management, businesses, and even the government will recognize the experience of senior citizens based on their skills, craftsmanship, and expertise,” said Quijano. “I hope that senior citizens’ contributions will be appreciated and compensated accordingly.” In terms of the Philippine Action Plan for Senior Citizens, Quijano said that the NCSC will be launching the plan on 1 October 2023. The plan includes a number of initiatives designed to support senior citizens, including the development of age-friendly local governments, cities, municipalities, and communities. Quijano said that the objective of the guidelines for Philippine Age-Friendly Cities and Communities is to create a unique approach to aging that is based on Filipino values, such as caring and compassion. The post Private firms urged: Hire senior citizens appeared first on Daily Tribune......»»
Quijano urges private companies to open doors for senier citizen employees
The Philippine government is encouraging private companies to hire senior citizens, National Commission of Senior Citizens Chairperson Attorney Franklin Quijano said on Thursday. In a public briefing, Quijano welcomed the proposal made by ACT-CIS Partylist Representative Erwin Tulfo, saying that it is a "good move" that will benefit senior citizens. He added that the proposal would be a great way for senior citizens to transfer their skills, experiences, and wisdom to the next generation. "We're looking at more than just employment," Quijano said. "We're looking at how senior citizens can contribute to the country and help the next generation," he added. Quijano also said that the government should be flexible regarding working hours for senior citizens, as some may only want to work for a certain number of hours based on their preferences. "Flexibility is essential," he said. "Some food chains, like McDonald's and KFC, offer 4-hour shifts, and senior citizens are happy with that arrangement. In fact, they tend to be more focused and committed to their work." Quijano also said that the government should recognize the experience of senior citizens and compensate them accordingly. "I hope that management, businesses, and even the government will recognize the experience of senior citizens based on their skills, craftsmanship, and expertise," he said. "I hope that senior citizens' contributions will be appreciated and compensated accordingly." In terms of the Philippine Action Plan for Senior Citizens, Quijano said that the NCSC will be launching the plan on October 1, 2023. The plan includes a number of initiatives designed to support senior citizens, including the development of age-friendly local governments, cities, municipalities, and communities. Quijano said that the objective of the guidelines for Philippine Age-Friendly Cities and Communities is to create a unique approach to aging that is based on Filipino values, such as caring and compassion. He said that the NCSC wants all local government units, cities, municipalities, and communities to develop this approach in order to create a more supportive environment for people of all ages. The post Quijano urges private companies to open doors for senier citizen employees appeared first on Daily Tribune......»»
LGUs urged to adopt eBOSS
The Anti-Red Tape Authority on Wednesday encouraged the local government units to comply with the Electronic Business One-Stop Shop or eBOSS to boost the ease of doing business in the Philippines. ARTA Director General Ernesto Perez said that the eBOSS is a program developed by ARTA in partnership with the Department of Information and Communications Technology to provide LGUs with a digitalized and streamlined business processing and licensing system. "The eBOSS makes it easier and faster for businesses to register and obtain permits, which can help to attract more investors and create more jobs," Perez said in a public briefing. Perez added that ARTA is working with the Department of the Interior and Local Government (DILG) to ensure that all LGUs comply with the eBOSS requirement. "We are providing LGUs with the necessary support and guidance to help them implement the eBOSS. We are also working with the DILG to monitor the compliance of LGUs," Perez said. As of September 2023, only eight out of 17 LGUs in Metro Manila have been verified by ARTA as compliant with eBOSS. Among them are Quezon City, Valenzuela, Marikina, Parañaque, Muntinlupa, and Quezon City, all of which have seen an increase in revenue collection and business registration. Outside Metro Manila, Lapu-Lapu, Cagayan de Oro, and Batangas City have also complied. "We urge all LGUs to comply with the eBOSS requirement. This is not only a legal requirement, but it is also in the best interest of our businesses and our economy," Perez said. ARTA's Partnership with the Civil Service Commission ARTA has also partnered with the Civil Service Commission (CSC) to improve the efficiency and effectiveness of government services. Under the partnership, ARTA and CSC will work together to develop and implement training programs for government employees on anti-red tape and ease of doing business. The partnership is also expected to promote the use of technology to improve government service delivery, Perez said. In addition, he said both ARTA and CSC will monitor and evaluate the performance of government agencies in terms of anti-red tape and ease of doing business. "We believe that this partnership with CSC will be instrumental in our efforts to improve the efficiency and effectiveness of government services," Perez said. "A more efficient and effective government will benefit both businesses and citizens. It will make it easier for businesses to operate and create jobs, and it will make it easier for citizens to access government services," Perez added. The post LGUs urged to adopt eBOSS appeared first on Daily Tribune......»»
Better sports facilities pushed
As chairperson of the Senate Committee on Sports, I am saddened by the dilapidated state of the country’s iconic sports facilities. The Philippine Institute of Sports Multi-Purpose Arena, popularly known as PhilSports Arena, has come a long way from the time it was built in 1985 to house the Philippine Basketball Association until the league moved out in 1993 due to the lack of maintenance of the venue. The last time it was renovated was in 2019, when the country hosted the 30th Southeast Asian Games. Among PhilSports Arena’s main facilities are the Multi-purpose Arena, Swimming Center, and Football and Athletic Stadium. While the arena was greatly enjoyed as a sports facility, it also served as a temporary shelter for evacuees after Tropical Storm Ondoy and Typhoon Pepeng struck the Philippines in 2009, adding to the facility's wear and tear. A quick look at the PhilSports Arena and the other sports facilities nationwide should make us realize that we should invest more in rehabilitating our iconic sports facilities. As I have suggested during the budget deliberations in the Senate, prioritizing funding for sports facilities would have been better than putting flood control projects in areas with little to no population. This concern about the support we are providing our athletes has motivated me to author and co-sponsor Republic Act No. 11470, which established the National Academy of Sports at New Clark City in Capas, Tarlac. In collaboration with the Philippine Sports Commission and the Department of Education, NAS now offers a specialized secondary education program focused on sports where students can study and train simultaneously. I have also filed the Philippine National Games bill, which aims to provide a structure for a more comprehensive national sports program, linking grassroots sports promotion to national sports development by having a mini Olympics regularly. Providing opportunities to our youth will help develop their potential in sports but will also help keep them away from vices such as illegal drugs. I continue to support establishing sports-related programs and infrastructure to divert the youth from the lure of addiction and criminality. This is also part of my three-pronged approach to combat illegal drugs in the Philippines – law enforcement, rehabilitation, and prevention. Yesterday, I witnessed the Philippine ROTC Games 2023 Luzon Qualifying Leg opening ceremony held at Cavite State University – Indang Campus in Indang, Cavite. With Sen. Francis Tolentino, I encouraged our young cadets who participated in various competitions to get into sports and stay away from drugs. I have also remained faithful to my promise to visit and help our fellow Filipinos in most parts of the country. On 16 September, we attended the groundbreaking of a Super Health Center in Manolo Fortich, Bukidnon. We also visited the town of Damulog, where I inspected projects I have supported, such as a public market, road concreting project, evacuation center, solar street lights, and a multipurpose building. Later that day, we also attended the 25th Anniversary of Public Safety Basic Recruit Course Class 1998-Alpha at Acacia Hotel in Davao City. On 15 September, we attended a meeting of state universities and colleges leaders held in Davao City and hosted by Commission on Higher Education Chair Prospero de Vera. The night before, we also joined leaders from the CHEd, the University of the Philippines System, and various SUCs to honor the appointment of Atty. Angelo Jimenez, a fellow Mindanaoan, as the 22nd President of the University of the Philippines. We took the opportunity to voice our commitment to elevating the standard of education nationwide. This is also the reason why Republic Act No. 10931, or the Universal Access To Quality Tertiary Education Act, was enacted into law during the time of former president Rodrigo Duterte. Today, we continue to pursue this further as I co-authored and co-sponsored Senate Bill No. 1360, which aims to widen the reach of the law further. We visited Bislig City in Surigao del Sur to participate in its 23rd Charter Day festivities. We handed out grocery packages to 32 newlywed couples during a community wedding and inaugurated the country’s 159th Malasakit Center at the Bislig District Hospital. This is the seventh Malasakit Center in the Caraga region and the 40th in Mindanao. Our team also provided direct aid, including grocery packs, to 129 patients and 191 front liners, including security guards, utilities, and hospital staff. On 15 September, my office also attended the groundbreaking of Super Health Centers in New Washington and Malay in the province of Aklan. Meanwhile, we continue to support livelihood programs, especially those that can help people experiencing poverty overcome crises. Through our support, the Department of Trade and Industry provides livelihood kits to qualified beneficiaries affected by calamities and teaches them how to grow their businesses for the benefit of their families. Among those we have helped are 20 from Dipaculao, Aurora; 57 from Sanchez Mira and Abulog, Cagayan; 100 affected by the earthquake in Montevista and New Bataan, and 50 in Nabunturan in Davao de Oro; 196 in Malalag and Sulop, Davao del Sur; 20 in Mangatarem, Pangasinan; 21 victims of Typhoon Egay in Pigcawayan, North Cotabato; 132 shear line victims in Gingoog City, Misamis Oriental; and 36 beneficiaries from Lutayan and Columbio, Sultan Kudarat, and General Santos City. We also continue to support the National Housing Authority’s distribution of emergency housing assistance to disaster victims so they can purchase roofing, nails, and other home repair materials. We assisted beneficiaries, including 85 fire victims in Imus City, Cavite. Meanwhile, my office helped the 65 fire victims in Bacolod City, Negros Occidental. We also provided assistance to 75 TESDA graduates in Victorias City, Negros Occidental. We also distributed additional support to workers who lost their jobs, beneficiaries of the TUPAD program of the Department of Labor and Employment, including 413 in Talibon, Bohol, and 150 in Plaridel, Bulacan. We also aided 333 poor residents in Paluan, Occidental Mindoro; and 234 in Antipolo City, Rizal. Together, let us continue bringing government services closer to Filipinos in need – from better sports facilities more accessible healthcare services, and implementing various programs to help uplift communities affected by crises. The post Better sports facilities pushed appeared first on Daily Tribune......»»
Living in a highly urbanized city
In all areas of our life, God is there — whether in our family life, business, and social gatherings, or even in the administration of a province — yes, God is there; God is with us. Today, while the prices of basic commodities and petroleum products continue to rise, we can experience the presence of God. For example, in the province of Bulacan, we can say that God is there because of the developments undertaken by the provincial government under the leadership of its governor, the Honorable Daniel Fernando. Along with local executives of each city of the province, Governor Fernando, since his assumption to office, has implemented various developments. We can see that all his endeavors are geared towards making every city of the province “highly urbanized,” and among these is the City of San Jose del Monte. The changes in the province of Bulacan have been remarkable. Under Fernando’s watch, the Manila International Airport in Bulacan is being constructed, one of the major projects of the governor. The influx of businesses in every city of the province proves Bulakeños have confidence in the governor’s leadership. As one observer said, Bulacan’s progress is seen under the administration of Governor Daniel Fernando. For instance, San Joseños are grateful for the provincial government’s support to turn San Jose del Monte into a fully and highly urbanized city, one of the prize-winning cities of the province. I witness this because every time I visit our mission in Montalban (Rodriguez), Rizal, I have to pass by SJDM. The Bulacan government believes that once SJDM becomes a “highly urbanized city,” there will be more business opportunities, more jobs, quality service, and a much better life for its residents. I believe the neighboring cities and a portion of Rizal province will also benefit. Why? Because as a “highly urbanized city,” the people around it would also be assured of better services. The residents of SJDM have only to vote “yes” in a plebiscite to the proposal of the local government to turn SJDM into a “highly urbanized city.” I challenge the people of SJDM to study the positive results and the consequences of agreeing with their local government to the proposal. San Jose Del Monte City Mayor Arthur Robes said more funds coming into the city would increase the number of investors, boost its infrastructure, improve its education system, provide more jobs, and attract tourists. He said they have only one aim, and that is to improve the lives of San Joseños. He added that being a highly urbanized city would result in more immediate oversight of local policies, regulations, and decision-making. He said this would help the town grow and develop through careful planning and management. In December 2020, former President Rodrigo Roa Duterte proclaimed the city of San Jose del Monte a highly urbanized city by Proclamation No. 1057. Its residents can now make it a reality. The post Living in a highly urbanized city appeared first on Daily Tribune......»»
Iloilo International Airport receives ISO Certification
The Iloilo International Airport received an official certification for its Environmental Management System (ISO 14001) awarded by the Civil Aviation Authority of the Philippines together with the Local Government Unit of Iloilo, the European Aviation Safety Agency, and a certification body from Bureau Veritas. The awarding ceremony was held at the airport’s departure area and was attended by CAAP officials and representatives from the Iloilo LGU, EASA and Bureau Veritas. According to the “Plan, Do, Check, and Act” method of environmental regulation compliance, ISO 14001 outlines the requirements for an Environmental Management System. It lays out a framework that a business or organization may use. In addition to these benefits, it aids businesses in increasing resource efficiency and reducing waste, giving them a competitive edge and the confidence of stakeholders. Iloilo International Airport received the accreditation on 31 May 2023, and it is a mark of distinction given to organizations that have guaranteed that their environmental impact is being measured and improved. On 7 July 2020, the airport’s journey towards accreditation started, and an Environmental Management Team was established to concentrate on this objective. Several EMS efforts were carried out to raise awareness and disseminate information among the partner agencies, stakeholders, and workers of the airport to get ready for the assessment of ISO 14001 compliance. These initiatives were intended to guarantee that the community around the Iloilo International Airport had a thorough awareness of EMS. The airport went through two audit stages on 6 January and 2-3 February, respectively, to achieve the “recommended” status for certification. CAAP-Iloilo International Airport finally obtained the certification, which is slated to expire on 31 May 2026, thanks to their tenacious efforts and the backing of CAAP management to assure the maintenance of established standards and compliance with ISO 14001. CAAP, the organization managing and running Iloilo International Airport, welcomed the accomplishment with great pride. CAAP is confident that this will be an example for other CAAP-operated airports to pursue EMS certification and offer the Filipino people a top-tier, environmentally sound air transportation industry. CAAP Director General Captain Manuel Antonio Tamayo said that being eco-friendly in its operations has always been an aspiration of the global aviation community. This achievement is a testament to CAAP’s commitment to creating a greener environment and future for the benefit of its stakeholders and the whole airport community. The post Iloilo International Airport receives ISO Certification appeared first on Daily Tribune......»»
Stable, reliable power for ARCA South Taguig
The Manila Electric Company has energized a new smart substation in Taguig City to ensure the provision of stable and reliable power for Ayala Land Inc.’s Arca South development and the adjacent communities in the area. Entailing a capital investment of P597 million, the new 115 kV-34.5 kV gas-insulated switchgear substation was commissioned with an initial capacity of 83 megavolt amperes but will ultimately house three transformer banks with a combined capacity of 249 MVA that will support the existing and future energy requirements of the Arca South development, a new business and lifestyle district in Taguig City. [caption id="attachment_182269" align="aligncenter" width="1167"] Meralco senior vice president and chief revenue officer Ferdinand O. Geluz. Ayala Land senior vice president and group head Robert S. Lao, Taguig City District 2 Councilor Alexander S. Penolio, Meralco chairman and chief executive officer Manuel V. Pangilinan and Meralco executive vice president and chief operating officer Ronnie L. Aperocho.[/caption] Aside from catering to the growing energy needs of the Ayala estate, the Arca South substation will also improve voltage regulation in parts of Taguig City, provide operational switching flexibility during contingencies and contribute to system loss reduction in the area. Some of the communities and establishments that will benefit from the new substation include AC Health’s Healthway Cancer Care Hospital, Ayala Malls Arca South, Alveo Veranda, Avida Towers Vireo, Landers Superstore Arca South, Maharlika Village, Puregold FTI Taguig, Sunshine Mall Plaza, Taguig Pateros Hospital and Technological University of the Philippines-Taguig. “As we continue to build upon the foundations of Arca South, we are ensuring that the energy needs of this community are met with efficiency and resilience. This substation represents more than just a physical structure; it represents our dedication to sustainable urban development. It is a cornerstone of progress, enabling us to power homes, businesses and innovations that will drive Arca South's growth and development,” Robert Lao, Ayala Land senior vice president and group head for Ayala Land Estates, said. Meralco executive vice president and chief operating officer Ronnie L. Aperocho, for his part, said the development of the Arca South substation forms part of Meralco’s unceasing support to commercial customers like Ayala Land that play a vital role in the country’s economic growth and development. “The opportunity to participate in the master planning of Ayala estates has allowed Meralco to serve more customers and further cement our commitment to keep the lights on. As a testament to that, this newly energized smart substation in Arca South Taguig will provide safe, adequate and reliable capacity to serve the existing and future power requirements of this particular Ayala Land development, and the adjacent communities in the area,” Aperocho said during the inauguration of the project. The Arca South project is the latest development in Meralco’s longstanding partnership with Ayala Land. Over the past several years, Meralco has energized nearly a hundred projects of Ayala Land and its subsidiary, Makati Development Corporation, including One Ayala and Seda Manila Bay. In addition, Ayala Land consistently provides a substation lot provision for its estate developments. Meralco has been investing heavily on projects that will not just improve its electricity distribution system, but also contribute to ensuring that the infrastructure to support the government’s nation-building efforts are in place. “We share a common goal, which is to uplift the lives of our people and we encourage the active participation and engagement of the private sector in the present economic programs,” Meralco chairman and chief executive officer Manuel V. Pangilinan said during the inauguration. The post Stable, reliable power for ARCA South Taguig appeared first on Daily Tribune......»»
DSWD can give small rice retailers up to P15K financial aid amid ceiling order
The Department of Social Welfare and Development on Tuesday said they are ready to provide cash assistance to small rice retailers who may incur losses due to the Malacanang-mandated price ceiling on rice which became effective yesterday 5 September. DSWD Secretary Gatchalian said he was directed by President Ferdinand R. Marcos Jr. to use the department’s Sustainable Livelihood Program to help small rice retailers recover their would-be losses from the temporary price cap. "We discussed with the President that we will use the DSWD's Sustainable Livelihood Program once again so that our small retailers affected by this temporary price cap on rice can be assisted," Gatchalian said. Under Executive Order No. 39 signed by Executive Secretary Lucas Bersamin on 31 August, the mandated price ceiling for regular milled rice is P41 per kilo while the mandated price cap for well-milled rice is P45 per kilo. The DSWD chief said the SLP currently has a P5.5 billion budget which can be immediately used to help cushion the impact of the price cap on rice particularly among small rice retailers who have a very small inventory. The SLP is a capacity-building program that provides start-up capital for those who wish to start a small business, capital build for cases similar to the effects of the EO 39 to small businesses, and employment grants. Gatchalian said the Department is just waiting for the list of qualified small rice retailers, which will be provided by the Department of Trade and Industry and the Department of Agriculture. “Hopefully, by next week, we can conduct a payout for the sustainable livelihood grant to our affected rice retailers," Gatchalian said. To date, the DTI and the DA are currently coming up with a list of affected rice traders and rice retailers who will receive the government’s assistance. Gatchalian pointed out that the DSWD is ready to begin the nationwide payout to the qualified recipients of financial aid amounting to a maximum of Php15,000. “Bagamat kino-compute pa ng DTI at DA ang dapat matanggap ng bawat tatamaang rice retailers, ang maximum na ibinibigay ng programang SLP ay P15,000. One time big time,” the DSWD chief pointed out. Last Monday, the DSWD chief said he had a meeting with Speaker Martin Romualdez who vowed to raise P2 billion to help augment the SLP budget for the benefit of more small rice traders and retailers. “I told Speaker Romualdez that the SLP’s P5.5 billion is enough to help the distressed small rice retailers. But I also welcome the additional budget as this would mean more Filipinos will be given assistance under the SLP,” Gatchalian said. The post DSWD can give small rice retailers up to P15K financial aid amid ceiling order appeared first on Daily Tribune......»»
Digitizing a must — Concepcion
Honing and making micro, small and medium enterprises fully engrossed with digitization is now a must for every country in the ASEAN Region to fully realize the expanding opportunities presented by digital transformation, according to ASEAN-Business Advisory Council Philippines chairperson Joey Concepcion. “The power of digitalization is there; we just have to use it. It’s time that we really focus on the objective of greater prosperity, especially for those at the bottom of the pyramid, using whatever tools we have,” Concepcion said during a panel discussion on ASEAN’s Digital Powerhouse at the Nexus of Connectivity and Transformation in Jakarta, Indonesia on Sunday. “We must enable MSMEs to use digitalization to their advantage. Digital growth is seen to boost cross-border e-commerce by providing MSMEs with access to new markets and is hoped to promote financial inclusion to underserved populations,” he added. Further, Concepcion noted that although the rapid growth of digital adoption in the ASEAN bodes well for the region’s economies, its growth must be inclusive, with MSMEs being crucial to sustainable growth, to fully realize the expanding opportunities presented by digital transformation. “All of these tools are important to uplift the lives of our people. That’s why we are here: how do we solve big problems, especially for those who are at the bottom of the pyramid,” he said, pointing out that four of the 10 countries in the ASEAN have nearly a fifth of their populations still living in poverty. Region’s biggest tech players The session gathered some of the region’s biggest technology players, as well as key stakeholders from leading multinational companies, global financial institutions, and government organizations. The session delved into the development of strategic policies — including financial technology, e-trade, and cross-border trade facilitation. “The power of digital has to be used. The crisis pushed people to use these tools and this is one of the reasons we in the ASEAN BAC Philippines proposed to sign an MoU with each ASEAN country to focus on sectors that will bring development, specifically agriculture and MSMEs,” he said. He also pointed out that digitalization will stand to benefit even the one-man businesses — also known as nanopreneurs — who now have a better chance at succeeding because they have access to marketing tools and digital payment solutions. “We are the big brothers. Unless we embrace the MSMEs in our value chain this is going to take a long time. That is our mission as ASEAN BAC heads, to see to it that greater prosperity is achieved,” he said. Private sector feedback The ASEAN BAC was organized to provide private sector feedback and guidance to boost ASEAN’s efforts towards economic integration. It was said in the discussion that ASEAN has emerged as the world’s fastest-growing Internet market, with a 40 percent annual growth in the value of e-commerce between 2016 and 2021. Further, it is set to become the world’s fastest-growing digital market driven by a growing consumer market and the rapid adoption of social commerce platforms by its population. “This growth must be inclusive to unlock the benefits. It must be used to enable MSMEs,” he said. Phl case cited Concepcion cited the Philippines case as an example of how digital technology has helped MSMEs compete with big corporations and gave birth to a thriving digital economy that was further hastened by the pandemic lockdowns. Aside from Concepcion, other speakers in the session were Sam Myers, deputy trade commissioner for Asia Pacific (Southeast Asia) at the UK Department for Business and Trade; Haslina Taib, CEO of Dynamic Technologies; Yuem Kuan Moon, CEO of Singtel; and Kok Ping Soon, CEO of Singapore Business Federation. Bank of Indonesia Governor Dr. Perry Warijjyo, Temasek Holdings CEO Dilhan Pillay Sandrasegara; and Japan External Trade Organization Chairman Ishiguro Norihiko delivered keynote remarks, while ASEAN-BAC Indonesia Policy Manager for Digital Transformation Yohanes Lukiman gave a policy presentation. The post Digitizing a must — Concepcion appeared first on Daily Tribune......»»
Aboitiz, GCNP spotlight corporate sustainability and SDGs
In the recently held GT Capital Thought Leadership Series at the Grand Hyatt, Manila, the Aboitiz Group emphasized the fundamentals of corporate sustainability by highlighting the United Nations’ Sustainable Development Goals and the company’s alignment with the global framework. As a board member of the UN Global Compact Network Philippines, Aboitiz Equity Ventures' FVP and chief reputation and sustainability officer Ginggay Hontiveros-Malvar presented essential strategies for enterprises to maximize their impact in fostering positive societal change and environmental stewardship. Hontiveros-Malvar cited the connection between responsible business practices and global sustainable development. The principles, communicated through voluntary reporting mechanisms, facilitate transparent communication of corporate values aligned with the 17 SDGs. “Sustainable development is a concept that focuses on meeting the needs of the present generation without compromising the ability of future generations to meet their own needs. It recognizes the interconnections between economic development, social inclusion and environmental protection,” she said. “In other words, sustainable development aims to achieve a balance between economic growth, social well-being and environmental stewardship,” she added. Hontiveros-Malvar also touched on the nation's progress in terms of SDG integration, underscoring the necessity of coordinated efforts between government and non-government actors to optimize resource management and maximize SDG progress. “In the last few years we celebrate many businesses that have come together to create this era of action and attract others to join this global movement. May all of us continue to act responsibly, find opportunities and continue to inspire and advocate. We are united because this is bigger than just one business. We are stronger together and better together. And when we act collectively, imagine the change we can drive, and the better future we can shape as one. The possibilities are endless,” she said. Together with UN GCNP, the Aboitiz Group places utmost importance on sustainability as part of the group's transformation into becoming the Philippines’ first “Techglomerate” by utilizing innovation, sustainable solutions and community empowerment. The integration of sustainability into the Aboitiz Group's DNA has been showcased through various programs that demonstrate the group's commitment to sustainable practices that benefit both society and the environment. Aboitiz Equity Ventures, Inc. is the portfolio management company of the Aboitiz Group, with investments in power, banking and financial services, food, infrastructure, land and cutting-edge fields like data science and artificial intelligence. The post Aboitiz, GCNP spotlight corporate sustainability and SDGs appeared first on Daily Tribune......»»
NFA rice negotiation ‘obviously ultra vires’ — PRISM
The Philippine Rice Industry Stakeholders Movement over the weekend said that it has reached to their attention that officials of the National Food Authority were in India to negotiate, on behalf of the government, rice importation. "If this is true, we would like to ask for a clarification regarding this matter, which we believe runs counter to the provisions of the Rice Tariffication law which authorizes only the President to negotiate upon the recommendation of National Economic Development Authority and the Department of Agriculture," the PRISM said in a statement sent to Daily Tribune. "Any discussion about importation initiated by the NFA is obviously ultra vires," they added. PRISM said a closer look at the international rice market situation would reveal "problems beyond the control of our local businesses and the government." Filipino private importers who have booked supplies from Vietnam, as early as the first quarter, are now faced with the dilemma of Vietnamese importers canceling their contracts in favor of other countries affected by India’s rice export ban. Its response to current rice issues is to "reiterate our commitment to the President to ensure the availability of affordable rice. Second is to address the issues and concerns about the rice supply." PRISM boasted that on 7 July 2023, and last Saturday, along Tomas Morato near Scout Borromeo Streets, "we have successfully launched the P38 per kilo Tulong sa Bayan Bigas para sa Mamayan." It added that they have done the same in various areas in NCR, Luzon, Visayas, and Mindanao "through our Rice Retail networks, Barangay and LGU Caravans, and Kadiwa outlets. Since then until this time, we still continue selling the P38 per kilo rice in the respective channels chosen by our stakeholders." Despite different challenges and turn of events due to typhoons "Egay" and "Falcon" and the unexpected declaration of India’s export ban, PRISM reiterated their commitment to ensuring the availability of the P38 rice per kilo, "to continue our commitment to this advocacy." "Today, we are strengthening our advocacy, we encourage more rice traders to join in this effort to help more of our Kababayan," the movement said. According to PRISM, recent concerns have surfaced regarding the high price and availability of rice, leading to speculations that intend to disturb the confidence of the public and the normal course of the local market. "We acknowledge and stand by the President's assurance of sufficient rice supply and recognize the importance of addressing the affordability of rice amidst the current inflationary pressures," it said. "It is of utmost importance that PRISM stands together with our efforts aligned with the President's vision for prioritizing local rice production and stabilizing the local market supply without having to resort to revenue-draining government-led importation," it added. "We, therefore, urge the National Food Authority (NFA) to rally behind this directive and channel its energy into supporting methods that increase domestic production, as specified by the President," PRISM said. "We acknowledge the problem besetting the local rice industry, but certainly it is not the availability of rice, but its affordability primarily due to inflation." "As farm gate costs (currently at P21 to 25 per kilo of palay-fresh palay) are affected by price fluctuations in the market, we urge the NFA, whose current support price of P19 per kilo (clean and dry) is far below the current farm gate price, to seize the ongoing budget season and approach the Congress for higher budget allocation that will benefit local farmers and strengthen the local industry instead of pushing for importation that will drain government funds in favor of foreign suppliers," they explained. "The NFA should focus on its role as mandated by the Rice Tarrification Law / RA 11203 to build its buffer stock exclusively from local farmers and rice millers instead of imported sources. This move is also more consistent with the President’s objective to support local farmers and strengthen OUR rice industry," it further explained. "We are thus urging that relevant authorities engage in diplomatic discussions with Vietnamese counterparts to find a mutually beneficial resolution and honor the contracts of our importers," PRISM urged. "Complicating our rice situation, careless statement of a certain DA official has maliciously criticized our members’ effort to subsidize a limited supply of P38.00 per kilo rice during lean months that was intended for our indigent kababayan. In one interview this official insinuated that this effort, which was motivated by the President’s directive to provide affordable rice, was meant to be “playing” with the market prices even if it's only offered to the poorest of the poor with a maximum purchase of 5 kilos a day," the group said, preferring not to name the DA official. Prior to the roll-out of this initiative, they added, "our organization sought clearance from the President during several meetings in Malacanang and from the DA’s Undersecretary in charge of the National Rice Program," they said. There were also pronouncements that the DA inspectorate, together with the NBI, intends to inspect warehouses to prevent traders from hoarding. "While we understand and appreciate this initiative, we urge the government to exercise caution due to the ambiguous legal definition of hoarding. Even if the intention is sound, in this current situation, warehouses with limited stocks might come out as a reflection of our dwindling rice supply and be used by those pushing for government importation," PRISM explained further. However, for warehouses that hold stocks as commercial buffers for their regular customers, such may be misinterpreted by the media as hoarding, even without going through the legal process. This can negatively impact the reputation of legitimate traders. "Careless exercise of lawful inspections will only worsen the situation and create a chilling effect that can disturb the normal course of the market," the group said. The group is requesting that the President, who also holds the position of DA secretary, devise a better strategy for communicating the government's "rice policy framework and situational response." This should be done in a way that ensures accountability and prevents any confusion or negative public and industry feedback "We strongly encourage the President to assign just one Usec for all agencies involved in the rice program (NIA, NRP, and NFA)," PRISM said. "Furthermore, we strongly encourage the Philippine Statistics Authority (PSA) to release pertinent data and statistics on rice production and stocking in an up-to-date manner instead of a 3-month delay, to properly guide private and government stakeholders in timely decision making," the group suggested. The post NFA rice negotiation ‘obviously ultra vires’ — PRISM appeared first on Daily Tribune......»»